Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
After 13 Years of Invites, Commonwealth Snags LPL Advisor
By Janet LevauxLance Nelson switches IBDs after getting quarterly postcards from Commonwealth since 2001.
October 23, 2014
Snowden Lane Picks Up $270M Merrill DuoThis news follows the boutique firms recruiting of a UBS team in late September.
October 22, 2014
Big Reg Charge Slashes LPL’s Q3 Earnings ForecastOne analyst says LPL's "inability to guide effectively on expenses," particularly regulatory ones, is a "recurring problem."
October 21, 2014
Barely half of new producer hires last 12 months in their new jobs ... and other bad newsIndependent agents/brokers posted a 56 percent success rate in producer hiring in the past five years, although the hiring performance of the top and bottom firms varied widely.
October 21, 2014
Barely half of new producer hires last 12 months in their new jobs ... and other bad newsIndependent agents/brokers posted a 56 percent success rate in producer hiring in the past five years, although the hiring performance of the top and bottom firms varied widely.
October 20, 2014
Former AXA Execs Launch Firm to Help Teachers, NonprofitsThe new group, ABMM Financial, aims to attract public-sector clients and their assets to 403(b) plans, which the founders say are underutilized.
October 16, 2014
Cetera Strikes IPO Investment Deal With JMP, Expands Tech Ties With BroadridgeThe group's 9,700 advisors will be able to offer retail clients access to initial public offerings and its financial-institution clients more self-clearing capabilities.
October 16, 2014
DOL Advisor Crackdown Is ‘Out of Control’: Benefits LawyerThe DOL conducted more than 3,600 audits of qualified retirement plans last year. Settlements related to violations totaled $1.7 billion in plan reimbursements and fines.